Home Business & EconomyFinance ministry gets $5.6m W’Bank loan for stationery, others

Finance ministry gets $5.6m W’Bank loan for stationery, others

by Edidiong Nseabasi
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The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from the World Bank to procure 21 items, which included office stationeries, furniture, solar inverter, office equipment, and vehicles.

The approvals were made under the State Fiscal Transparency, Accountability and Sustainability project, which was initiated in 2018.

The SFTAS project was designed to strengthen transparency and accountability at the sub-national level and ended in 2022.

However, the implementation of the projects is still ongoing according to a document obtained from the bank.

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